Welcome to our dedicated page for Insight Select Income Fund news (Ticker: INSI), a resource for investors and traders seeking the latest updates and insights on Insight Select Income Fund stock.
Insight Select Income Fund (Symbol: INSI) is a diversified, closed-end management investment company, strategically positioning itself within the financial landscape to deliver high yields and stability to its investors. The primary objective of the fund is to achieve a high rate of return, mainly derived from interest income and trading activities associated with a portfolio primarily composed of debt securities.
Managed under the prestigious umbrella of Insight Investment, one of BNY Mellon's premier investment firms, Insight Select Income Fund benefits from a wealth of experience and a proven track record in asset management. Insight Investment, in turn, took over Cutwater Asset Management, a client-focused and solutions-based investment advisor specializing in fixed income investments, as of January 2, 2015. This acquisition has bolstered the fund's capabilities, leveraging Cutwater’s world-class investment expertise and risk management skills.
Insight Select Income Fund offers a comprehensive suite of solutions tailored to meet the specific needs of its diverse clientele, which includes state and local governments, financial institutions, pension funds, unions, insurance companies, corporations, and consultants. Among the key services provided are risk management, liquidity management, and return generation, positioning the fund as a reliable choice for those seeking robust financial strategies.
The fund's approach integrates exceptional client service, in-depth consultation, and extensive interaction between clients and the investment team, ensuring that each investment strategy is meticulously tailored to the client's objectives and risk tolerance. By focusing exclusively on fixed income investments, Insight Select Income Fund aims to provide consistent and reliable returns, regardless of market volatility.
Over the years, Insight Select Income Fund has demonstrated a solid performance record, reflecting its commitment to achieving its investment objectives while adhering to stringent risk management protocols. The fund continues to explore new opportunities and strategies to enhance its portfolio, making it an attractive option for investors seeking both stability and growth.
For more information on how Insight Select Income Fund can provide you with fixed income strategies and solutions, please contact us at 866-766-3030. Keep up with the latest news and developments directly from Insight Select Income Fund to stay informed about the fund's performance and upcoming projects.
KKR Income Opportunities Fund (KIO) and Insight Select Income Fund (INSI) have announced a definitive agreement for KIO to acquire INSI's assets. The transaction, expected to close in Q4 2024, will result in INSI shareholders receiving KIO shares with an option for up to 5% cash consideration. Key benefits include:
1. Increased size and scale (over $500M in net assets)
2. Attractive dividend (9.9% annual distribution rate as of 9/30/2024)
3. Enhanced liquidity and investor visibility
4. Operating expense savings
5. Access to KKR's credit platform ($237B AUM as of 6/30/2024)
KKR will offer a 12-month management fee waiver, reducing it from 1.10% to 0.99%. The transaction is intended to be a tax-free reorganization, subject to shareholder approvals and closing conditions.
The Insight Select Income Fund (INSI) has declared a quarterly dividend of $0.20 per share, payable on October 24, 2024, to shareholders of record as of October 10, 2024. The ex-dividend date is also set for October 10, 2024. This distribution maintains the Fund's recent quarterly dividend trend, with the last four payments totaling approximately $0.80 per share.
INSI is a diversified closed-end management investment company focusing on achieving high returns primarily through interest income and trading activities. The Fund's portfolio mainly consists of debt securities, with an additional aim of capital appreciation by purchasing undervalued debt instruments. Insight North America serves as the Fund's investment adviser, providing fixed income asset management services to various institutional clients.
Insight Select Income Fund (NYSE: INSI) announced a quarterly dividend of $0.20 per share, payable on July 25, 2024. Shareholders on record by July 10, 2024, with an ex-dividend date of July 9, 2024, will receive the payout. The total annual dividend from the past four quarters equates to $0.80 per share. The Fund aims to achieve high returns through interest income and trading activities, focusing on debt securities. Managed by Insight North America , the Fund targets both income generation and capital appreciation by purchasing undervalued debt securities. Note that the distribution may include non-income sources, such as a return of capital. Investors will receive detailed tax information post-year-end.
The Insight Select Income Fund (NYSE: INSI) has declared a quarterly dividend of $0.20 per share, payable on July 25, 2024. Shareholders on record by the close of business on July 10, 2024, with an ex-dividend date of July 10, 2024, will receive this distribution. This announcement updates a prior release, correcting the ex-dividend date.
Insight Select Income Fund aims for high returns primarily from interest income and trading activities in a portfolio of debt securities. Managed by Insight North America , the fund has a diversified investment strategy focusing on both high rate of returns and capital appreciation by buying undervalued debt securities. The fund’s last four quarterly dividends amounted to approximately $0.80 per share.
The Insight Select Income Fund (INSI) has declared a quarterly dividend of
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